Deepinder Goyal is the founder and CEO of Zomato, India’s first online food guide to go global. Founded in 2008, Zomato recently raised Rs. 227 crore from Sequoia Capital and InfoEdge in one of the largest funding rounds for a consumer internet company in India. This deal values the company at over Rs 900 crore ($150 million) and has “best positioned” Goyal “to build a formidable global internet...
Come 2014 and we will launch ‘ProductCast’ – the interactions with ProductPreneurs. These will be in podcast medium and will get to hear from iconic ProductPreneurs on their journey. Certain to provide inspiration and valuable education based on first-hand experience, these sessions will extend the experiential learning to your mobile device, for your consumption at the time and place you choose...
Before we got started with PriceBaba, both me and Tirthesh had almost zero experience of building a product. We are passionate about Internet and web services that create an impact. Building PriceBaba over the past two years has been a learning experience and we have been blessed to have some amazing friends who have guided us throughout the process. Here are a few learnings (while we still...
Aam Aadmi Party’s success in the recent Delhi elections is nothing less than magical and as a geeky analogy, quite similar to a consumer startup hitting 1 million unique users mark in just few months of launch. Arvind is no less than an entrepreneur and AAP is no more than an early stage startup. Arvind Kejriwal’s fairytale story has so many parallels with what a typical entrepreneur in India...
It’s not often I find myself in a roomful of people driven by a shared vision. Inspiration was inevitably seeping in. It took me not more than a couple of minutes to realise that I should count myself lucky as I was in the same room as the bravehearts who were changing the world one product at a time. The inaugural ProductNation Camp at Pune was a movement taking shape. More than 120 startups...
For mobile apps, there are three dominant pricing strategies: Premium, Subscription and Freemium. According to a report by app-store analytics company, Distimo, freemium now accounts for 71% of Apple AppStore revenues in the US, up from somewhere around 50% last year, and rising. In Asia, freemium is 90% of App Store revenues. Is freemium always the most optimal? What factors should you consider...
Marketplaces are difficult businesses to get off the ground. A marketplace without buyers cannot attract sellers and vice versa. In fact, the infamy of this proverbial chicken and egg problem detracts entrepreneurs from the challenges that a marketplace presents after it has successfully gained adoption and is successfully matching buyers with sellers. After all, marketplaces for products, like...
Indian economy is a cluster of more than 30 million small and medium businesses along with large enterprises which are lesser in number. Majorly, these SME’s powers the growth of Indian business industry. This large SME pool presents a lucrative opportunity for Indian product and service companies only if one is able to tap it. One such company which is creating a presence among Indian SME domain...
Over the last few months, while talking to a range of Indian and Global tech companies, I noticed an interesting trend in the determination of location for key functions, specifically product management. Global MNCs: During conversations over the last few months with some North America based technology MNCs, I observed that a lot of them plan to create product management functions for local...
ProductNation interviewed CSN Murthy, Founder and CEO of Ozonetel, a leader in cloud telephony based solutions. In this freewheeling chat, Murthy, a serial entrepreneur, shares his mantras on building a successful technology based venture. Read on… What was the motivation to start Ozonetel? Around 2007, after the successful exit from Intoto, we examined various opportunities in the marketplace...
